This is from FXCM, it's their Sentiment Indicator. - XAUUSD - The ratio of long to short positions in the XAUUSD stands at 1.69 as 63% of traders are long. Yesterday the ratio was 1.73; 63% of open positions were long. Long positions are 2.0% higher than yesterday and 18.6% below levels seen last week. Short positions are 4.8% higher than yesterday and 26.4% above levels seen last week. Open interest is 3.0% higher than yesterday and 7.3% above its monthly average. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the XAUUSD may continue lower. The trading crowd has grown less net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias.